on-chain data – DIGIT INFO

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

DIGIT — Wed, 07 Aug 2024 14:30:54 +0000

The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s […]

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Bitget and Nansen Study Highlights Community Impact on Token Price Predictions

DIGIT — Mon, 29 Jul 2024 21:40:39 +0000

Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in predicting token prices. The collaborative study underscores the importance of combining onchain and off-chain metrics for accurate price forecasting. Bitget and Nansen Highlight Community’s Role in Token Price Forecasting Researchers from the crypto exchange Bitget, and Nansen, […]

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Bitcoin activity drops to lowest level since 2010

DIGIT — Fri, 28 Jun 2024 09:04:02 +0000

The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies.

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US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

DIGIT — Sun, 26 Mar 2023 16:30:44 +0000

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million […]

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Euler hacker seemingly taking their chances, sends funds to crypto mixer

DIGIT — Thu, 16 Mar 2023 06:33:34 +0000

Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims.

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Uniswap’s new privacy policy sees backlash from decentralization buffs

DIGIT — Tue, 22 Nov 2022 04:23:10 +0000

Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency.

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Bitcoin analysts map out the key bull and bear cases for BTC’s price action

DIGIT — Wed, 26 Oct 2022 20:42:16 +0000

BTC price is showing slight bullish momentum, leading on-chain analysts to present potentially bearish and bullish data-based scenarios.

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Bitcoin whale watching: This metric that called the 2017 top is now flashing red

DIGIT — Thu, 22 Apr 2021 14:22:54 +0000

While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish.

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$5,000 Ethereum by the end of May? On-chain data suggests so

DIGIT — Wed, 14 Apr 2021 17:23:34 +0000

The current speculative trend and Ethereum’s price premium suggest that the altcoin’s price could more than double over the next 7 weeks.

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Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining

DIGIT — Sun, 11 Apr 2021 11:40:04 +0000

Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.

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